Tax Insights – September 2019
Don’t Forget Your Mileage
The standard business mileage deduction rate for 2019 is 58 cents per mile. Mileage deductions may include attending meetings, putting up for-sale signs, business-related errands, or any other mileage for business purpose.
Quick Tip: Have trouble keeping track of your mileage – try a phone app that can assist you.
Tip provided by:
Tilley & Lincoln, PLLC
CERTIFIED PUBLIC ACCOUNTANTS
691 Addison Avenue – Twin Falls, Idaho 83301
Phone (208) 733-5811 – Fax (208) 733-5841
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